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FOX Business
Dec 8, 2013 2:00am EST
basic market, that if you work hard you have a chance to get ahead. >> president obama this week blasting income inequality, but are his policies to blame. welcome to forbes on fox. let's go in focus with steve forbes and others. steve, have his policies helped or hurt income disparity? >> it's hurt. this is the most miserable recovery in american history. medium incomes are lower than they were five years ago, the uncertainty of obama care, the horrific tax code, less opportunity for people to rise up. >> rick, he is criticizing something that happened under his watch. >> yeah, here's the problem that i have. first of all, and john will love hearing me say this. i'm not sure that government is a big answer. >> we are all happy to hear you say that. >> i knew you would be. but here's the problem. most people analyze this in terms of do you think obama's policies produce growth, anti-growth. growth is actually not t issue because it only matters if it's shared. if a company that's making $14 billion in profits this year makes $20 billion next year, what's the difference if they do
FOX Business
Dec 8, 2013 9:30am EST
another massive bailout because of obama care and you'll be paying for it. then, listen up, kids, don't be a maker, be a taker. a 6th grader getting schooled in liberalism and it might make parents' heads explode. >> i can't raise money, work hard, have a good work ethic, but they can beg. >> they told her to beg, but we beg to differ. cashing in, always seeking the truth, starts right now. >> hi, everyone. detroit i beaten, burned out and now bankrupt but a beam of bright light is emerging from the right. this an exclusive interview you will see only here. senator rand paul joins us from the motor city. tell us what your plan consists of. >> this is a free market plan to rescue detroit. weapon don't rescue detroit by taking money from houston or atlanta. we rescue detroit by leaving more money in detroit. what we've devised a plan that would dramatically lower taxes in detroit, bring the corporate income tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. witho
FOX Business
Dec 8, 2013 11:00pm EST
>>> president obama today tried to dismiss the problems that continue to pying the obama care website healthcare.gov, but the reality is the website still isn't working as it should. the obama administration still won't tell us how many people have successfully enrolled and purchased obama care insurance. we will have considerably more comment on those circumstances here tonight. i'm lou dobbs. >>> good evening everybody. the president today defiantly declared that baem care is here to stay regardless of its failures during a sometimes rambling, at times contradictory speech that included shots at republicans for opposing obama care. >> we've learned no to make wild promises about how perfectly smooth it's going to be at all times. do not let the initial problems with the website discourage you. we're going to keep on working to fix whatever problems come up. whatever comes up, we're going to fix them. we're not repealing it long as i'm president. >> those statements come after announcing just yesterday and again today that the administration had met their own self-imposed dea
FOX Business
Dec 5, 2013 7:00pm EST
redemption and grace was noted by president bush and obama tonight. in no wise young woman i know add this to say. i've got a lot of work to do. i do, too. that's my "2 cents more." thank you for joiniig us tonight. ♪ lou: of the nation's largest unions bankrolling in organizing a protest that they tried to promote as a fast-food working strike an attempt to double the minimum wage to a fast-food workers raising their pay to $15 an hour. tonight we will have the story of how much the liberal media decided, is certainly no better, to take the service employees international union's dramatic but phony strike story and run with it. there were quite a few. i'm lou dobbs. ♪ good evening, everybody. the ser us staging protests and demonstrations in major cities all across the country, organizers rallying off to the fast-food workers trying to posture the day's events as an nationwide strike. all motivated by an organized labor goal of unionizing the nearly 4 million americans who work in fast-food restaurants. all of the events were built by the union as a strike and a walkout. but
FOX Business
Dec 9, 2013 7:00pm EST
so much, janus. it looks like a very big deal. thank you so much. president obama in his typical foreign-policy challenges are being magnified by recent events in afghanistan. president hamid karzai refuses to sign a security agreement with the united states that would define american military presence in his country at the end of the year. but he did agree to a new agreement with iran. he agreed in principle to a friendship and cooperation path dealing with security and economic issues and within hours of that agreement, he was also already calling for the removal of american forces from the area. he said that we believe that all foreign forces should leave the region and the security of afghanistan should be handed over to people of the country. the so-called moderate has aalowed executions to surge since he took office, with more than 300 people executed since just the month of august. iran is the leader in executions. president obama and other dignitaries are on their way to south africa to attend tomorrow's memorial service from nelson mandela. hitching a ride on air force o
FOX Business
Dec 5, 2013 10:00pm EST
smithsonian air and space museum. the mcdonald's based in-the president obama raise their wages during an executive order. again, several confirming there were at even schedule to work today. the president of the service employees union told the associated press and the new york times the union has spent several million dollars the underwrite the fast-food protest including the hiring o a public relations firm to help frame the event as a massalkout and strike. some of the few confirmed fast-food workers at any of these events took issue with the corporate end of fast food. they blame their low pay on corporate greed when in reality over 80 percent of the u.s.-based mcdonald's reaurants are privately owned franchises. >> these fast food companies knowhat the time has come to pay their workers a living wage and the rht to form a union. we will no longer tolerate our brothers and sisters, friends and neighbors here retaliate against us for speaking against our nation wages. >> they still did not make more than $9 an hour. >> no one shall live in poverty. >> i would definitely support the
FOX Business
Dec 6, 2013 10:00pm EST
president obama took office. the economy beating expectations , creating more than 200,000 jobs last month. with september and october payroll numbs also revised higher. the labor force participation rate ticked up for the first time in nearly five years. after hitting a 35 year low in october. and the total number of people out of work including the unemployed and the under employed dropped by more than a million people last month. those job gains and a broad range of industries, including higher paying sectors like mafacturing and construction, which added 27,000 new jobs alone last month. wall street today indicated investors may now be prepared to bid adios to quantitative easing despite lingering fears that the better reserve will quit its easing money policies in. the doubt -- dow jones industrials rose nearly 200 points on theate snapping a 5-day losing streak and now back above 16,000. the s&p snapped its own five day losing streak today, up 20 points, moving back over 1800. and the nasdaq up 29 points on the day, reaching a new 52 week high closing above 4,000. today's paper
FOX Business
Dec 8, 2013 12:00am EST
.@ overwhelmingly days of four liberal democrats and obama certainly and that led to another pledge. >> to be of service to barack obama. >> i pledged to be of service to our presidents. >> and all mankind. together became and. john: dunne guess we can campaign. my book is titled "no they can't." i have a problem they say yes we can meaning individuals but president and obama of the means government and that is a dangerous idea. and you are not allowed to say things like that in hollywood. >> not allowed to disagree with hollywood. it is mind-boggling that things that come out of people's mouths they pushing employers did everything they push for does not have the fact on them. i have calledith the big names i say you can afford to be a socialist you are worth $100 billion. john: y said that? [laughter] to george clooney. >> he ys raise taxes. >> to drive a toyota petraeus to the ms -- jemmies but they have a private airplane and iish i had a private airplane. >> many advoce to raise taxes but well-connected celebrities are quick to use your tax dodges. >> owning acres of land in new jersey but
FOX Business
Dec 8, 2013 10:00pm EST
: what will the need for the obama and administration and what she did? werke aig is great news. he h a bad couple of weeks with the launch but it shows the policy put in place years ago are paid dividends. where people are partipating and it is good all-around heading into the holiday season where people have confidence and spent more buddy it shows we have to stay the course talking to about jobless benefits that helps to fuel the growth for people to participate and this creates more jobs. congress has to make sure it is a fragile recovery they cannot have that same sort of brings michelle to threaten to appear the debt ceiling and ready to get up a deal when we are supposed to. >> in the '80s and '90s we did not have just a tax increase of cuts but that have been dip this year that could have called is like having 400,000 jobs created because we're not in stimulus motive to do more. it was good news. >> so if we have a government is shut down assembly will have auarter reported taken off for gdp what a powerful economic engine and then we have third quarter gdp growth of 3.6% invest
FOX Business
Dec 5, 2013 9:20am EST
president obama in the past three and a half years. that's it. and we're also following apple, breaking through the great wall of china, signing a deal that opens up 700 million potential iphone customers with china mobile. we had one stock picker saying the stock would go back to $700 a share and where will the stock open today? you will know moments from now. so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a betterer way to save. ally bank. your money needs an ally. yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ take the last train to clarksville a
FOX Business
Dec 6, 2013 11:00pm EST
rebranding, esident obama thought he would launch his campaign. and we are looking for the younger and healthy people gambling on site and they are trying to get this online. and they are not printing it. and that is clearly not enough to boost of the obamacare system beyond it depends on what you are selling. but if you are selling something that people like or think you'll have fun doing or make money doing it, then online gambling, away we go. they have seen the health care lines and some of them show some daunting figures and the odds are stacked against them this thing willll work and so they me on. >> to keep at the casino team, they don't have enough money to ante up for the premiumthat they will have to pay. >> facts and figures and you do that casino analogy, and we have a samite. >> the problem is that a lot of these young people, they are enthralled by his message and they heard that universal health care sounded really nice as a thing to do. and the old and if enough that do not have that money. and so if you don't get those young people, as you mentned, if you don't ge
FOX Business
Dec 4, 2013 8:00pm EST
. >> we're 14 because of obama administration, highest corporate tax that is a killer. >> other country showcase rate. neil: why are we 14. >> i don't know if i can. neil: you better. >> what is surprising i would never take issue with forbing magazine, but these are country that have socialized medicine provide everyone at birth, every one of those country health care is a right not a privilege. >> what are they doing right? >> they are letting business do business. >> and government getting out of the way. >> no government is taking responsibility, they are take -- >> 7 of those have a lot of benefits that we're fighting for here that could ease burden on company. >> no, i think that government is -- anvil around the necks of these businesses. neil: by the way with health care you would think that be the draw to at least take us out of the top 20, maybe to top 10. >> we have not gone where they are. >> it has already been a job killer. >> none of these country have an obamacare health care system. neil: we are 14. >> they have single -- try getting those things off the backs o
FOX Business
Dec 4, 2013 9:20am EST
. president obama kicks off a three-week speaking campaign and starts today in washington. with an approval rating at all-time lows, today you will see a push for income equality. and there will be more damage control on obamacare, too. the left is seizing on the equality issue, demanding higher wages by legislation. the d.c. city council just approved an increase in the minimum wage to 11.50 an hour eventually, one of the highest in the nation. tomorrow, fast food workers demanding better wages, too, $15 an hour. all of this as wal-mart opens its first two stores in d.c. today. 600 people hired, more than 23,000 applied for those jobs. the d.c. city council wanted to keep wal-mart out. come january, extended jobless benefits fob for 1.3 million people expire, no more government checks. will the democrats fight to keep the money flowing? good questions. we've got other headlines. former tyco chief dennis kozlowski is in prison for improper use of money. rightly or 0 wrongly, he was the poster boy for corporate greed. and 180,000 bucks on booze, that's government. used the money all
FOX Business
Dec 9, 2013 9:20am EST
governor who is an outspoken supporter of president obama. that's maryland. do you watch football sunday? you missed a big day. eagles-lions, white-out question. the big question. with the super bowl in new jersey, open air stadium. what happens if there's a blizzard for the super bowl? to colorado, trainer a 64 yard field goal, the longest ever. look at that. talk about fireworks, a crazy finish in baltimore. five touchdowns in the final two minutes and ravens scored the game winner with ten seconds left. to the markets, set to open higher in a couple of minutes and it's been a theme here on "varney & company," an american technology companies lead the wall street charge and you'll see more of it moments from now. [ male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ male annou
FOX Business
Dec 3, 2013 9:00pm EST
establish these. gerri: there's another lawsuit suing the obama administration, student employees in the coverage of birth control at the university of notre dame. we make of this? >> i think that's another major case. also to the hobby lobby case it is part of the supreme court. and i think that my prediction is that the justice department loses on this and the supreme court is going to look at is in a close vote and they are going to say that there is no justification for justification to the supreme court that companies have a first amendment right of political expression and what they have religious expression. i think that's going to be a problem for the justice department. gerri: right on obamacare, birth control is free. it's not just something you have to provide. it is also free. t's talk about businesses. the supreme court will hear the first amendment religious liberties law. you mention hobby lobby. will that go somewhere? >> i think that hobby lobby is going to win that case. because not only on the basis of the fact that the door is already broken open on the first amen
FOX Business
Dec 2, 2013 4:00pm EST
where it has worked. when i read the obama plan, even if implemented perfectlyan, can't work. needless to say implementation has been anything short of perfect. so you got a bad plan, badly implemented and now what you got is an absolute mess and i have no idea how the president the administration will get their way out of it. david: and you look at some of the stats, by the way, walmart.com processed nearly 400 million page views on thanksgiving day. whitehouse.gov is bragging about the fact that they have 375,000 in a day. again, the more hits that healthcare.gov has, the more screwed up the whole system is going to become. how does it end? >> wealth fact of the matter is, people get there, they think they have signed up. weeks go by. they don't get an insurance card. they call up the carrier and carrier has never seen an application because the link to the carrier's site doesn't work. among many other things that doesn't work in this whole thing. the worst thing is going to be, you will have a whole lot of people who badly need health care signing up for this. and, could s
FOX Business
Dec 2, 2013 1:00pm EST
the obama administration touts dramatic progress. is the latest fix too little too late? lessons this hour. adam: and it is the ultimate symbol of success in the auto industry. we will introduce you to the man who created it. his prestigious award hair and the future he goes by dave. lori: a busy hour ahead. let's get things started. kicking off a newmont. 2%. some fall since december. this december we're off to a bit of a slower start. >> seeing the market not too far off the unchanged line. a lot of the traders still think that the trend remains to the upside. all three of the major averages have up arrows. around 1812, 1814. we were watching for that as well as in the meantime, higher at the moment, watching this treasury balance. that is a big deal. manufacturing data came a better than expected. the fed is going to us stop the bond buying and people selling of bonds quickly. new highs for great companies. goldman, 90, american express to microsoft ball hitting new highs . jo ling kent over there. 17158 is the height. 8653. and then i can't leave out nike. so those are the hi
FOX Business
Dec 9, 2013 4:00pm EST
that spying hurts their industries and they banded together to push president obama and members of congress to action saying they quote, strongly believe current laws an practices about surveillance need to be changed. aol, apple, facebook, google, linkedin, microsoft, twitter and yahoo! created reform government surveillance coalition and said in open joint letter we understand that governments have the duty to protect our citizens but this summer's revelations highlight urgent need to reform government surveillance practices worldwide. the letter says the balance in many countries tipped too far in favor of the state and away from the rights of the individual, rights enshrined in our constitution. this undermines the freedoms we all cherish. ceos including twitter's, marisa mayer off yahoo!, facebook mark zuckerberg and ceo of google larry page put forth five goals. they're calling on government to limit surveillance to specific users, not to collect data in bulk. they say the company has the right to publish what the government is demanding from them, how much is asked for and h
FOX Business
Dec 4, 2013 11:00am EST
important economic issue in the news tod today, that would be the minimum wage with president obama pushing for a hike in the minimum wage. his remarks scheduled later this hour on that. dagen: let's bring in new york democratic congressman charlie rangel. it is great to see you, thank you for being here. it doesn't look like this is going to pass the house even with the president getting behind it. what do you say? >> i think it is a big mistake if we don't do it. good for american workers, good for economy and part of the american dream. i really don't think government should have to set a minimum wage. i would like to believe employers would want to pay a fair wage and one that doesn't have to be supplemented with welfare food stamps and health care. it is a good feeling when you pay your employees a wage where they can buy and afford to purchase goods and wares being sold. it is embarrassing for people who work in retail stores where profits are soaring and employees are making -- employers are making large income but the staff cannot afford to buy the goods they are selling. co
FOX Business
Dec 3, 2013 11:00am EST
network giving you the power to prosper. dagen: president obama stated to take the podium this afternoon for a public relation offensive for the affordable care act. connell: as republicans continue to call for a complete overhaul of obamacare. for the latest on this, joining us now in d.c. rich: president obama tried as if he refuted clearing the health care law more than just a website. still the website and problems sending payment information to insurance companies continue to hamper the administration efforts to get americans enrolled in health insurance. with that white house focused on the benefits, eliminating pre-existing conditions on insurance policies and actually an dollars in benefits to limit the cost of insurance. highlighting it daily for the next couple of weeks. republicans continue their assault on the law. >> it is not just a broken website, this deal is fundamentally flawed. causing people to lose the doctor of their choice, causing them to lose their health plan and if that isn't enough, they are having to pay much higher prices at the same time. >> while absent la
FOX Business
Dec 4, 2013 12:00am EST
. melissa: president obama kicking off a new campaign to rally support for his signature health care law saying healthcare.gov is open for business! really? because "the washington post" report that is a third of people enrolled are not actually enrolled after all. that is only part of the problem plaguing the failed website. we have latest from "the wall street journal" and also cyber expert david kennedy. thanks to both of you f joining us. spencer, this is startling, a third of people. you've been doing a ton of reporting on this. does this sound right to you a third of people sign up haven't signed up. >> the government disputes the figure. melissa: they say it doesn't accurately reflect the picture what is happening now. i'm not sure that is really a dispute of third. that is le, not exactly what is happening today. maybe they're saying only 29%. >> we don't know the actual figures. there is no question there have been a lot of problems with the enrollment of the people who are trying to enroll. through healthcare.gov. programs with transmitting data. when you put data into the webs
FOX Business
Dec 6, 2013 4:00pm EST
obama trying to alter his own health care plan to let policyholders keep their old plans even if they're technically in violation of the new law but some state insurance commissioners are balking. and the irony is, most of those who oppose the president's changes are actually from democratic states while our next guest is an insurance commissioner from a republican state. guess where he stand in a fox business exclusive louis insurance commissioner and national association of insurance commissioners president james done owe lan. done lon. good to have you here. in general how is it rolling out in louisiana? >> oh, it is rolling out over a very bumpy road indeed. the website being the first and most important issue and challenge for consumers trying to access the subsidies, trying to get coverage. if they have existing conditions that they need the guarranty issue protection for, it has been a very rocky start as you know. david: before october, before this thing was rolled out a lot of critics said it wasn't ready for prime time. indeed isn't that what we found? in fact you used
FOX Business
Dec 8, 2013 1:00am EST
union-backed protests, demanding 15 bucks an hour. and president obama agreeing it's time for a raise in the minimum wage. >> i'm going to keep pushing until we get a higher minimum wage for hard-working americans across the entire country. it will be good for our economy. >> but, as the unemployment rate is heading in the right direction, will this wage hike have jobs taking a hike? hi, everyone, this is "bulls and bears." let's get right to it. the bulls and bears. gary b. smith. tracy burns. john nas max ferris. along with bernard whitman. ll pushing the minimum to the max push out jobs just as they're coming back? >> yes, absolutely, this is the wrong thing to do in an economy that's showing some signeds of recovery. remember, they're targeting the wrong people. this is a great union and democratic slogan to say, look at the ceo, how much he's making. you can't raise the minimum wage to $15 an hour? take mcdonald's nor example. they will tell you, they don't set the wages for the local franchises. these are your moms and pops. these are your neighbors out there. they can't a
FOX Business
Dec 4, 2013 10:00pm EST
. reporter: president obama today began a deliberate attempt to fire up his political debate. first, delvering a speech sponsored by the liberal center for american progress on income in inequality. and if we don't promise equal outcomes, but we strive to deliver equal opportunity. >> that is why i am here, because i need your help. reporter: americans are feeling insecure about health plans are canceled and stagnant wages, it and they are blaming him. >> when will they learn to say yes to common ground and listen to the american people. reporter: the president may start to listen to this. where he suggested that if al else fails, serve alcohol to get young folks to sign up. reporter: are harvard university poll found 18 to 29-year-olds, 56% disapprove of the affordable care act. 39% approved. white house officials are touting a national journal poll that givesa roser view. among the same age group, 53% fee there should be chges before the lot is upheld. and 5% say more money needs to be given to implemented. under fire, the president is trying to shift the onus on republicans to co
FOX Business
Dec 2, 2013 7:00pm EST
. but the facts suggest otherwise. i am lou dobbs. ♪ ♪ lou: good evening, everyone. the obama administration official in charge of fixing the obamacare site. he said there is a night and day difference between the health care.gov website that launched on october 1 in the one working today. wartime here. according to the white house, a five-week technology surge has doubled the website capacity and equipment can handle 30,000 consumers at the same time. and with some good reason. this is the page that came up when our colleague peter ducey logon. a page of gibberish filled with question marks. and it's not just frustrated consumers but insurers say that they are still dealing with an obamacare mass because functions have not even been built yet. and that means the administration's goal of enrolling 7 million people by the end of march, well, that could be the latest in what has turned out to be a string of second term failures for this president. chief white house correspondent ed henry has more on what is actually different about health care.gov. reporter: president obama's ai
FOX Business
Dec 5, 2013 12:00am EST
. we've heard tat the, you know the obama administration basically declared victory on the website yesterday. they say it's now working. well they fixed the front end of the website where consumers go and sign in and can do a little shopping. there's a back end of the website as well in which it communicates with other feder agencies like the irs. it determines whether someone is eligible for a subsidy and if so, how big it is and then it tells the insurance company. that part isn't working. regardless of what you heard about the other parts of the website, that part isn't working. >> not working or not built? i'm reading it is not finished. >> it is not built yet. not as if it has a bunch bugs. ttey haven't finished it. we're days, a few weeks from this needing to work. what happened is, the insurance companies said wait a minute, if the website can't calculate subsidies. government can't give us money, are we supposed insure people for nothing? what happened is, the obama administration said well look, if you estimate what you will pay ou in subsidies just tell us, we'll pay you
FOX Business
Dec 1, 2013 11:00pm EST
: president obama is enrollment numbers, it is all bad news for the obama ministration. i am lou dobbs. hello, everyone. severely undercutting president obama's credibility an approval rating. a new fox poll shows half of voters lieve president obama knowingly lied when he repeatedly told americans that they could keep their plan under his signature health ce law. as for the number of americans who have signed on for health care insurance, the initial numbers are woefully short and far below their lowered expectations. 106,000 have enrolled in health care plans in the state and federal exchanges through the first month of obamacare. one fifth of what the officials had projected before the launch of health care dog of and the opening of exchanges accounted for only 27,000 of successful in moments, 80,000 of them originated in state-run insurance exchanges and secretary kathleen sibelius revealed below numbers and then open herself and the administration up to ridicule consistent with what ssachusetts, a state of only 6.5 million residents, experienced an initial rollout of romney care.
FOX Business
Dec 6, 2013 12:00am EST
liberal democrats and obama certainly and that led to another pledge. >> to be of service to barack obama. >> i pledged to be of service to our presidents. >> and all mankind. together became and. john: dunne guess we can campaign. my book is titled "no they can't." i have a problemhey say yes we can meaning individuals but president and obama of the means government and that is a dangerous idea. and you areot allowed to say things like that in hollywood. >> not allowed to disagree with hollywood. it is mind-boggling that things that come out of people's mouths they pushing employers did everything ey push for does not have the fact on them. i have called with the big names i say you can afford to be a socialist you are worth $100 billion. john: you said that? [laughter] to george clooney. >> he says raise taxes. >> to drive a toyota petraeus to the m -- jemmies but they have a private airplane and i wish i had a private airplane. >> many advocate to rse taxes but well-connected celebrities are quick to use your tax dodges. >>wning acres of land in new jersey but pays only $100 of s
FOX Business
Dec 3, 2013 7:00pm EST
working as it should. the obama administration still will not tell us how many people have successfully rolled and purchased obamacare insurance. we will have considerably more comment on those circumstances here tonight. i'm "lou dobbs tonight". ♪ good evening. the president today defiantly declared that obamacare is here to stay. regardless of the failures during a sometimes rambling and at times contradictory speech that included shots of republicans who were opposing obamacare. >> we have learned not to make wild promises about how perfectly smooth it is going to be an all times. do not let the initial problems with the website discourage you. we are going to keep on working to fix whatever problems, the mahler ever comes up we will fix and the reader never peeling as long as i'm president. the statements -- lou: the statements come after announcing that the administration had met their own self-imposed deadline of november 30th to have the website problems fixed. fox news chief white house correspondent ed henry is at the white house tonight with our report. >> the b
FOX Business
Dec 5, 2013 6:00pm EST
place. people who need care, the people that obama says he wants to help. between a rock and a hard place now. >> even if you actually make it onto the insurance companies docket, they might might not be able to get the money to provide you that coverage and what the white house said last night, two nights ago, is that they will backstop the insurance company and basically guarantee the payment and now what the insurance company is doing is developing this and the government is going to make those payments to the insurance companies. but they are not sure how they will do this. gerri: estimate what they think they are owed? are you kidding me? do you think the irs allows me to do the same thing? do think that people i do business with say, pay me what you think you owe? no one does that. that is crazy. >> it is hard to believe. the assumption is they will estimate what they owe and if they estimate too high, they will reconcile that later. but that could work for the large insurance companies. especially those that will have a hard time making those estimates. gerri: i don't even li
Search Results 0 to 49 of about 99 (some duplicates have been removed)